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n-Butanol Market by Application (Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2022

n-Butanol Market by Application (Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2022

“The n-Butanol market is projected to grow at a CAGR of 5.9% between 2017 and 2022, in terms of value”
The n-Butanol market is estimated at USD 4.18 billion in 2017 and is projected to reach USD 5.58 billion by 2022, at a CAGR of 5.9% between 2017 and 2022. The market growth is fueled by the increasing demand for n-Butanol as a solvent and intermediate from end-use industries, such as construction, automotive, textile, agrochemical, and pharmaceuticals. Increasing population, growing urbanization, rising GDP, improving standards of living, and the increasing number of agreements, joint ventures, expansions, and other development activities by leading market players have also contributed to the growth of the global n-Butanol market. On the other hand, low economies of scale for small capacity plants and volatility in raw material prices pose a challenge to the market growth. Propylene and syngas are the primary raw materials used for manufacturing n-Butanol. As a fossil fuel-derived raw material, propylene is subjected to frequent price changes as per market conditions. Similarly, syngas is also derived from hydrocarbon base, which is facing volatility in prices. Therefore, continues price fluctuations in global petroleum products hamper the n-Butanol market as well. However, the increasing use of n-Butanol as a bio-fuel and growing automotive and textile industries are expected to create enormous opportunities for the n-Butanol manufacturers during the forecast period.

“Butyl acrylate is projected to be the largest application segment of the market during the forecast period”
Based on application, the butyl acrylate segment is projected to be the largest market for n-Butanol throughout the forecast period, in terms of both value and volume. More than one-thirds of the n-Butanol produced is consumed for the production for butyl acrylate. Therefore, the growing demand for butyl acrylate is also drives the consumption of n-Butanol, globally. As butyl acrylate enhances the flexibility, softness, and durability of coating resins, it is largely used in surface coatings, textiles, adhesives, inks, and several other applications. Butyl acrylate is used to make homopolymers and copolymers for use in water-based industrial and architectural paints. It is also used in cleaning products, antioxidants, enamels, adhesives, textiles, and seals and paper finishes.

“Middle East & Africa is projected to be the fastest-growing market for n-Butanol between 2017 and 2022”
The Middle East & Africa (MEA) region is projected to be the fastest-growing market for n-Butanol during the forecast period, in terms of both value and volume. The construction industry of MEA countries such as Saudi Arabia, the UAE, and South Africa is witnessing a robust growth rate owing to the rapid urbanization and growing population. Rising living standards have also enhanced the food and personal care industries in the region. Moreover, the pharmaceutical industry in this region is also growing, augmented by the increasing disposable income, aging population, varied demographics, and diverse disease portfolio. All these factors are collectively expected to boost the consumption of n-Butanol in the region during the forecast period.

Anticipating the market potential, certain petrochemical companies in this region have adopted strategic partnerships to form a cluster to supply and use each other’s products. This is one of the key factors boosting the production and consumption of n-Butanol in the Middle East region. For instance, Saudi Butanol Company (SABUCO) has established the world’s largest n-Butanol production facility in Saudi Arabia. This n-Butanol can be used to manufacture glacial acrylic acid by Saudi Marketing Company (SAMCO) which will be then used to produce super-absorbent polymer by Saudi Acrylic Polymers Company (SAPCO). Therefore, SPC has planned its group structure in order to become a vertically integrated unit, which will be able to deliver synergies from its multiple projects.

The market sizes estimated in this study have been validated through primary interviews conducted with various industry experts, globally. These primary sources have been divided into three categories:
By Company Type: Tier 1 - 50%, Tier 2 - 25%, and Tier 3 - 25%
By Designation: C Level - 45%, Director Level - 30%, and Others - 25%
By Region: Asia Pacific - 35%, Europe - 25%, North America - 20%, South America - 10%, and the Middle East & Africa - 10%

The report provides profiles of major market players, such as BASF (Germany), Dow Chemical Company (US), OXEA (Germany), Sasol (South Africa), PetroChina (China), Eastman Chemical Company (US), Mitsubishi Chemical Corporation (Japan), BASF PETRONAS (Malaysia), Sinopec (China), and KH Neochem (Japan). The report also includes competitive strategies adopted by them to strengthen their position in the market.

RESEARCH COVERAGE
The objective of the study is to define, describe, and forecast the market based on various segmentations and strategically analyze the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In this report, the n-Butanol market has been segmented based on application, and region.

REASONS TO BUY THE REPORT
The report will help market leadaers/new entrants in this market in the following ways:
1. This report segments the n-Butanol market comprehensively and provides the closest approximations for sizes of all market segments and subsegments across different verticals and regions.
2. This report will help stakeholders obtain an improved understanding of their competitors and gain insights about their businesses. The competitive landscape section includes detailed information about expansions, agreements, and joint ventures adopted by the key players in the n-Butanol market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE N-BUTANOL MARKET
    • N-BUTANOL MARKET, BY APPLICATION
    • N-BUTANOL MARKET, BY REGION
    • APAC N-BUTANOL MARKET, BY APPLICATION AND COUNTRY
    • N-BUTANOL MARKET SHARE, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • INTRODUCTION
      • FORECAST OF GDP GROWTH RATE OF MAJOR ECONOMIES
        • Table TRENDS AND FORECAST OF GDP GROWTH RATES, BY COUNTRY, 2016–2021
    • CONSTRUCTION INDUSTRY
      • TRENDS AND FORECAST OF THE CONSTRUCTION INDUSTRY IN NORTH AMERICA
        • Table CONTRIBUTION OF THE CONSTRUCTION INDUSTRY TO GDP IN NORTH AMERICA, 2014–2016 (USD BILLION)
      • TRENDS AND FORECAST OF THE CONSTRUCTION INDUSTRY IN EUROPE
        • Table CONTRIBUTION OF THE CONSTRUCTION INDUSTRY TO GDP IN EUROPE, 2014–2016 (USD BILLION)
      • TRENDS AND FORECAST OF THE CONSTRUCTION INDUSTRY IN APAC
        • Table CONTRIBUTION OF THE CONSTRUCTION INDUSTRY TO GDP IN APAC, 2014–2016 (USD BILLION)
  • N-BUTANOL MARKET, BY APPLICATION
    • INTRODUCTION
      • Table N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
      • Table N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
    • BUTYL ACRYLATE
    • BUTYL ACETATE
    • GLYCOL ETHERS
    • DIRECT SOLVENT
    • PLASTICIZERS
    • OTHERS
  • N-BUTANOL MARKET, BY REGION
    • INTRODUCTION
      • Table N-BUTANOL MARKET SIZE, BY REGION, 2015—2022 (KILOTON)
      • Table N-BUTANOL MARKET SIZE, BY REGION, 2015—2022 (USD MILLION)
    • APAC
      • Table APAC: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015—2022 (KILOTON)
      • Table APAC: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015—2022 (USD MILLION)
      • Table APAC: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
      • Table APAC: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • CHINA
        • Table CHINA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table CHINA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table JAPAN: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table MALAYSIA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table SOUTH KOREA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • INDIA
        • Table INDIA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table INDIA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • TAIWAN
        • Table TAIWAN: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table TAIWAN: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table REST OF APAC: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • Table NORTH AMERICA: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
      • Table NORTH AMERICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • US
        • Table US: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table US: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • CANADA
        • Table CANADA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table CANADA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table MEXICO: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015—2022 (KILOTON)
      • Table EUROPE: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015—2022 (USD MILLION)
      • Table EUROPE: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
      • Table EUROPE: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • GERMANY
        • Table GERMANY: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table GERMANY: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table FRANCE: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • POLAND
        • Table POLAND: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table POLAND: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • UK
        • Table UK: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table UK: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • ITALY
        • Table ITALY: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table ITALY: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (KILOTON)
        • Table REST OF EUROPE: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015—2022 (USD MILLION)
    • MEA
      • Table MEA: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • Table MEA: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table MEA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
      • Table MEA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table SAUDI ARABIA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table SOUTH AFRICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • REST OF MEA
        • Table REST OF MEA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table REST OF MEA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • Table SOUTH AMERICA: N-BUTANOL MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table SOUTH AMERICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
      • Table SOUTH AMERICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table BRAZIL: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
        • Table REST OF SOUTH AMERICA: N-BUTANOL MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • COMPETITIVE SCENARIO
      • EXPANSION
        • Table EXPANSION, 2013–2017
      • AGREEMENT
        • Table AGREEMENT, 2013–2017
      • JOINT VENTURE
        • Table JOINT VENTURE, 2013–2017
    • MARKET RANKING ANALYSIS
  • COMPANY PROFILES
    • BASF SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • THE DOW CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • OXEA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SASOL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • PETROCHINA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • EASTMAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BASF PETRONAS CHEMICALS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SINOPEC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • KH NEOCHEM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • OTHER KEY PLAYERS
      • OXOCHIMIE
      • ANDHRA PETROCHEMICALS
      • AZOTY ZAK SPÓ£ KA AKCYJNA
      • COBALT TECHNOLOGIES
      • GREEN BIOLOGICS
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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